property developer
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property developer
A company or person that commercially acquires plots of land, develops them (e.g. with residential buildings), and then sells the finished properties. The property developer takes care of the entire process from planning to sale.
Wir haben unsere Wohnung direkt vom Bauträger gekauft, noch bevor sie fertiggestellt war.
We bought our apartment directly from the property developer before it was even completed.
'Bauträger' (property developer) is made up of 'Bau' (construction, from bauen 'to build') and 'Träger' (carrier/bearer). Here, the 'Träger' is the person or company that 'carries' the full responsibility and costs for a construction project.
Der Bauträger ist für die Einhaltung aller Vorschriften verantwortlich.
The property developer is responsible for complying with all regulations.
A 'Bauträger' (property developer) is more than just a construction company. They plan the project, finance it, and sell the finished properties. So they are both organizer and seller in one.
Der Bauträger präsentierte den potenziellen Käufern die Pläne für das neue Wohnhaus.
The property developer presented the plans for the new residential building to the potential buyers.
You often buy a property 'vom Bauträger' (from the property developer). You can also 'einen Bauträger beauftragen' (commission a property developer). Important adjectives are 'seriös' (reputable) or 'zuverlässig' (reliable).
Vor dem Kauf sollten Sie die Referenzen des Bauträgers prüfen.
Before buying, you should check the property developer's references.
building owner
The Bauherr is the client for a specific construction project and finances it. The Bauträger, by contrast, commercially acquires plots of land, develops them, and sells the finished properties. A Bauträger can also take on the role of the Bauherr, but does so with the subsequent sale in mind.
Der Bauträger lässt auf seinem Grundstück mehrere Häuser zum späteren Verkauf bauen.
The property developer is having several houses built on its property for later sale.
Der Bauherr lässt auf seinem Grundstück ein Haus für die eigene Familie bauen.
The building owner is having a house built on his property for his own family.
